Author: kplermarket

Kirkuk Terminal continues to experience restricted loading volumes following fighting in Northern Iraq between the Kurdish Peshmerga and Baghdad in mid-October. The terminal, which is located in Turkey, receives oil by pipeline from the Kirkuk oil fields under dispute.The 10-day moving average has largely remained at or below the 300 kbd level for the past six-weeks. This remains well under the 500-plus kbd average loading levels before the fighting began. Large gaps between loading days continues to persist. The period between 11/28 and 12/4 was the largest such gap since early November.

Trafigura’s Adam LNG reloaded at Gate on 25-October and initially headed towards MAAGP. The vessel delivered to Dahej on 3-December.Engie’s Wilforce was initially expected by Kpler Analysts to reload at Gate. According to the latest operator and port data, the vessel is now confirmed to reload at Montoir, ETA 15-December. There are no additional December reloads expected in France.Hispania Spirit reloaded at Gate on 28-November and is now headed towards the Suez Canal with no clear destination.

Itochu’s Cool Explorer reloaded a cargo at Gwangyang on 27-November and is delivering it to China, ETA 5-December.

Shell’s Hispania Spirit loaded at Atlantic LNG on 13-November and delivered to Grain on 25-November. The vessel arrived to reload at Gate on 28-November.

Engie’s Bw Gdf Suez Paris reloaded at Fos Cavaou on 26-November and is now making her laden voyage towards Incheon, ETA 22-December.

Wilforce will reload at Gate after she finishes her port call at Zeebrugge, ETA 3-December.

Shell’s Methane Nile Eagle reloaded at Fos Cavaou on 8-November and was floating offshore of Kalamata, Greece until 25-November. The vessel delivered her reloaded cargo back to Fos Cavaou on 29-November and is now headed towards Bonny.

Daily Iranian seaborne exports have trended lower over the past week. According to the 5-day moving average, over the past seven days, daily seaborne exports have fallen 1,192 kbd – a 43% decline. The deterioration in export volumes was largely the result of a decline in loadings at Kharg Island.